2287 Brunswick Street (MLS® 202103903)

Halifax, NS, B3K 2Y9

Summary

MLS ®:
 202103903
Price:
 $3,625,000
Status:
 Pending
District:
 1
Zoning:
 R-2
Property Type:
 Over 12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 208188
Approx. Net Income:
 180231
Other Income:
 1200
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 27957
Maintenance Expense:
 4360
Snow & Garbage Expense:
 3325
Water & Sewage Expense:
 4357
Insurance Expense:
 5051
Tax Costs:
 7883
Electricity Bill:
 1978
Other Costs:
 1003
Expense Details:
Call 902-499-7886

Property Overview

2287 Brunswick Street, Halifax (MLS® 202103903): Prime opportunity to acquire a fully renovated and centrally located peninsular 14 unit multi-residential apartment building. In 2017 – this property was stripped to the studs and rebuilt with only the finest of materials and quality to create a code compliant and permitted 14 units. Configuration is: 10 X 1 BR, 2 X 2BR and 2 X Studio units spread over three levels and +/- 8500sf of building space. The attractive and prominent exterior is complimented inside with high ceilings, large windows and bright/functional unit plans. Each unit is equipped with new kitchens and bathrooms, 4 kitchen appliances, in-suite laundry, air exchangers and hot water tanks. Tenants pay for heat and lights. A combination of strong financials and a fantastic central Halifax location make this an attractive investment opportunity. This will translate into excellent long term value to the new owner especially since the renovations and updates were addressed just 4 short years ago! Existing mortgage can be assumed and future development options exist for more density behind existing structure. Act now.

Listing Courtesy of: Red Door Realty

Building Specs.

Building Dimensions:
(42 x 63) + (22 x 15)
Foundation Type:
Concrete, Stone
Roof Material:
Other
Exterior Finish:
Brick, Stucco
Flooring Type:
Carpet, Ceramic, Hardwood, Laminate, Porcelain
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Lot Size:
6952
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
N/A
Parking:
1 stall, left of entrance.
Driveway/Parking:
Other

Features

Apt Conforming, Heat/Air Exchange, Intercom, Laundry, See Remarks

Community Features

Park, Playground, Public Transit, Place of Worship

Inclusions

14 fridges, 14 stoves, 14 combo washer/dryers, 14 dishwashers, 14 OTC microwaves.

Exclusions

Tenant possessions

Rental Equipment

None

Map

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